Streaming Analytics Market Size, Share, Growth Analysis, By Component, By Enterprise, By Deployment, By Application, By Industry, By Region

Description

Global Streaming Analytics Market size was valued at USD 16.5 billion in 2022 and is poised to grow from USD 22.7 billion in 2023 to USD 158.5 billion by 2031, growing at a CAGR of 27.5% during the forecast period (2024-2031).

The demand for streaming analytics is set to surge due to the heightened need for data-driven decision-making and the increasing generation of real-time data across various industries. Key influencers include advancements in analytics technology, the proliferation of connected devices, and a focus on enhancing customer experience personalization. In the BFSI sector, efforts to mitigate risks and combat fraud are expected to further propel the adoption of streaming analytics solutions through 2031 and beyond. Additionally, the rise of cloud technologies and artificial intelligence will create new opportunities for providers in this space. However, challenges such as integration complexity with legacy systems, a shortage of skilled professionals, high implementation costs, and data privacy concerns may hinder demand growth during this period.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Streaming Analytics market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Streaming Analytics Market Segmental Analysis

Global Wind Turbine Market is segmented by Axis, Installation, Connectivity, Rating, Application and Region. Based on Axis, the market is segmented into Horizontal, Vertical. Based on Installation, the market is segmented into Onshore, Offshore. Based on Connectivity, the market is segmented into Grid Connected, Stand Alone. Based on Power, the market is segmented into <100 kW, 100-500 kW, 100-1000 kW, > 1 MW. Based on Application, the market is segmented into Residential, Commercial, Utilities. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Streaming Analytics Market

The Global Streaming Analytics market is significantly driven by the surge in real-time data generation, largely attributed to the widespread adoption of advanced IoT and connected devices. This proliferation of technologies contributes to an exponential increase in real-time data, compelling organizations to harness streaming analytics for effective processing. By enabling businesses to analyze customer behavior, monitor system health, and track market trends instantly, streaming analytics becomes an essential tool for informed decision-making. As a result, this growing demand for real-time insights not only enhances operational efficiency but also actively fuels the expansion of the streaming analytics market on a global scale.

Restraints in the Global Streaming Analytics Market

The Global Streaming Analytics market faces significant challenges due to the complexities associated with integrating streaming analytics into existing legacy systems. Many organizations continue to rely on these outdated systems, which were not built to accommodate real-time data generation. As a result, the integration process can become highly intricate and resource-intensive, creating barriers for companies looking to adopt streaming analytics solutions. This complexity can hinder the overall growth and demand for streaming analytics, as organizations may hesitate to invest in new technologies when confronted with the difficulties of melding them with their older operational frameworks.

Market Trends of the Global Streaming Analytics Market

The Global Streaming Analytics market is witnessing a significant shift towards the retail and e-commerce sectors, driven by an increasing demand for personalization and hyper-personalization in consumer experiences. As brands strive to enhance customer engagement and satisfaction, streaming analytics solutions enable real-time insights into consumer behavior, preferences, and trends. This trend is projected to gain momentum as businesses leverage data-driven strategies to optimize inventory, tailor marketing efforts, and improve customer service. Consequently, companies operating in this space must prioritize the development of innovative streaming analytics services tailored to the unique needs of the retail and e-commerce markets to secure competitive advantages and long-term revenue growth.

Product Code: SQMIG45B2175

Introduction

Objectives of the Study
Scope of the Report
Definitions

Research Methodology

Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations

Executive Summary

Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis

Market Dynamics & Outlook

Market Overview
Market Size
Market Dynamics
- Driver & Opportunities
- Restraints & Challenges
Porters Analysis & Impact
- Competitive rivalry
- Threat of substitute
- Bargaining power of buyers
- Threat of new entrants
- Bargaining power of suppliers

Key Market Insights

Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Market Attractiveness Index, 2023
PESTEL Analysis
Macro-Economic Indicators
Value Chain Analysis
Pricing Analysis
Technological Advancement
Regulatory Landscape
Case Studies
Patent Analysis

Streaming Analytics Market Size by Component & CAGR (2024-2031)

Market Overview
Software Technology
- Real time data Processing
- Complex Event Processing
- Data Visualization and Reporting
- Event Stream Processing
- Others
Software Deployment
- Cloud
- On Premises
Professional Services
- Consulting Services
- Deployment and Integration Services
- Support and Maintenance Services
Managed Services

Streaming Analytics Market Size by Enterprise & CAGR (2024-2031)

Market Overview
SMEs
Large Enterprises

Streaming Analytics Market Size by Deployment & CAGR (2024-2031)

Market Overview
On Premise
Cloud Based

Streaming Analytics Market Size by Application & CAGR (2024-2031)

Market Overview
Supply Chain Management
Sales and Marketing
Fraud Detection
Predictive Asset management
Risk Management
Others

Streaming Analytics Market Size by Industry & CAGR (2024-2031)

Market Overview
BFSI
IT and Telecom
Healthcare
Retail and Ecommerce
Media and Entertainment
Energy and Utilities
Manufacturing
Others

Streaming Analytics Market Size & CAGR (2024-2031)

North America (Component, Enterprise, Deployment, Application, Industry)
- US
- Canada
Europe (Component, Enterprise, Deployment, Application, Industry)
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific (Component, Enterprise, Deployment, Application, Industry)
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Latin America (Component, Enterprise, Deployment, Application, Industry)
- Brazil
- Rest of Latin America
Middle East & Africa (Component, Enterprise, Deployment, Application, Industry)
- GCC Countries
- South Africa
- Rest of Middle East & Africa

Competitive Intelligence

Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2023
Company Profiles of All Key Players
- Company Details
- Product Portfolio Analysis
- Company's Segmental Share Analysis
- Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

Microsoft (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Google (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Amazon Web Services (AWS) (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
IBM (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Oracle (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
SAP (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Cloudera (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Informatica (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
TIBCO Software (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Software AG (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Apache Software Foundation (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Confluent (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
StreamSets (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Altair (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hazelcast (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Talend (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Databricks (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Qlik (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sisense (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Looker (United States)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Streaming Analytics Market Size, Share, Growth Analysis, By Component, By Enterprise, By Deployment, By Application, By Industry, By Region - Industry Forecast 2024-2031